The Property Show: Challenges in building value homes
By Manisha Natarajan | Published On: January 31, 2013 19:00 (IST) | Duration: 47 min, 40 sec
Building affordable homes in the urban regions is getting tougher by each passing year. In this instalment of The Property Show, experts, Ashish Puravankara, joint MD of Puravankara Projects, Rohit Modi, MD of Ashiana Homes, and Sanjaya Gupta, MD of PNB Housing Finance, discuss key issues about constructing value homes. Problems include high cost of urban land and rising cost of construction, which constitutes about 50-60% of the property’s selling price. Here's more.